Ex-AIG Brass Rip NY AG's Objection To $115M Settlement

Law360, New York (September 19, 2012, 6:11 PM EDT) -- Former American International Group Inc. officers trying to consummate a $115 million settlement in a securities fraud class action in New York federal court flayed the state Attorney General's Office on Wednesday over its latest objection to the deal.

The so-called Starr defendants, including erstwhile AIG CEO Maurice R. Greenberg, former AIG officers Michael J. Castelli, Christian M. Milton and Howard I. Smith, as well as C.V. Starr & Co. Inc. — the insurance firm currently run by Greenberg — told U.S. District Judge Deborah A....
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